TradingView
Skyrex
Mar 4, 2018 10:00 AM

BTCUSDT reversed Head and Shoulders Long

Bitcoin / Tether USDPoloniex

Description

The price accurately followed our previous analysis and consolidated above the triangle which has finished a descending trend. There was formed reversed H&S pattern which is very bullish. The resistance of Fib 0.618 was broken and the price heads to the major resistance of Fib 0.5 which is near $12600. In case of soon break through it impulse growth will start and BTC will reach $15000 within a week. Hold your BTC

Comment

H&S was broken check out new analysis
More